Choice white grease (CWG) prices were higher out of the Indiana and Missouri River markets today on strong demand and limited offerings. Cheaper material is available for buyers who can arrange trucking on short notice. Throughout the market trucker shortages are creating buying opportunities, in small volume, at lower prices. Labor remains an issue throughout the supply chain and is contributing to the high relative prices to corn and soybean oil.
Yellow grease prices are steady with limited offerings reported. Bids for late Aug/Sep delivery into the Gulf have been indicated as high as 60 cents per pound. The historical relationship to corn suggests prices are due for a correction lower, but the strong demand is keeping material tight. Renewable diesel capacity is expected to grow by 40 between now and…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...